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Friday, May 29, 2026

Trading Journal: May 29, 2026

Daily reversal levels as of the close on May 28, 2026
Major indexes
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
S&P 500^SPX7563.62
6
7255.146.90 ▲
35
+11.50%
Nasdaq 100^NDX30223.89
6
27811.468.62 ▲
35
+21.29%
Russell 2000^RUT2936.57
6
2792.824.24 ▲
35
+12.40%
Gold (spot)$XAUUSD4495.84
135
4627.57-2.90 ▼
23
+4.07%
US Oil ETFUSO130.78
17
142.34-1.64 ▼
2
+0.46%
iSh. 20+ Y Tr. Bond ETFTLT85.74
10
84.75-1.04 ▲
58
+2.92%
Buy
BitcoinBTC_X73622.93
28
77826.42-3.29 ▼
9
+4.18%

New all time highs, with NDX still outperforming SPX by a wide margin.

Stock positions:

AJG was closed out (+1.5%) and has been moved to the completed trades list.
MOS came within 10 cents of our limit buy price. We can try again at $23.30 or better today. You never get poor by putting in low offers to buy on weakness, but sometimes a stock will not look back and then we can regret not buying at Open. Both ways have pros and cons.

Stocks
NameCloseTrModeRevL (D)MoM (D)DaysP/L %ActionR
Cognizant Technology SolutionsCTSH53.85
14
50.732.92 ▲
3
+3.46%
-1.10▼ 49
Alphabet Cl. CGOOG386.12
7
366.470.96 ▼
37
+28.65%
0.80▲ 39
Microchip TechnologyMCHP96.04
6
87.061.25 ▲
36
+33.35%
0.61▲ 13
Mosaic CoMOS24.06
11
22.230.74 ▲
1
+1.52%
-0.86▼ 35
Special entries (spBuy or dBuy)
INGM was bought on a spBuy signal at $25.77 (May 20).
OTIS was bought on a spBuy+ signal at $71.83 (May 22).
Ingram MicroINGM27.07
24
27.46-0.94 ▲
15
+0.29%
0.90▲ 8
Otis WorldwideOTIS71.21
10
75.14-4.01 ▲
57
+19.14%
-0.86▼ 49

Bullish
Weak bullish
Bearish
Mild bearish

Instructions

Quick start guide (no registration needed): ReversalLevels.pdf.

List with completed trades.

Hover or tap on an item in the "Action" column for strategic advice.
Hover or tap in the "Days" column to see details for the current position (based on "Mode").
Hover or tap in the weekly trend ("Tr") column to get the weekly reversal level.

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Note: This trading journal is not a recommendation to invest in the mentioned companies.

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